Central Asia Regional Economic Cooperation Corridor 2 (Bukhara-Miskin-Urgench-Khiva) Railway Electrification Project (ADB-53271-001)

Countries
  • Uzbekistan
Where the impacts of the investment may be experienced.
Specific Location
Bukhara, Miskin, Urgench, and Khiva
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Sectors
  • Construction
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 157.51 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 27, 2020

Disclosed by Bank Feb 14, 2020


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Project Description

According to the Bank's website, this project provides financing to add electrification, signaling and telecommunication, and traction power management systems to the recently built railway line between Bukhara, Miskin, Urgench, and Khiva, a total of 465 km. The line has a design speed of 250 km per hour and connects to the electrified high-speed railway line between the country's capital Tashkent, Samarkand, and Bukhara.

This project has been assigned a risk rating of B for impacts to the environment and involuntary resettlement.

Investment Description
  • Asian Development Bank (ADB)
Contact Information
O'zbekiston Temir Yo'llari
7 Taras Shevochenko St.
Tashkent 70060
Uzbekistan

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main